You have 3 free articles left this month. Get your free Basic subscription now and gain instant access to more.

Croatia's Koka plans to delist from Zagreb bourse

Author Annie Tsoneva
Croatia's Koka plans to delist from Zagreb bourse Author: Zagreb bourse. License: All rights reserved.

ZAGREB (Croatia), June 21 (SeeNews) - Croatian poultry producer Koka [ZSE:KOKA] said on Tuesday its shareholders will vote on a proposal to delist its shares from the Zagreb bourse at a meeting scheduled on June 28.

Those who disagree with the proposal will be able to get a fair compensation of 460.80 kuna ($65/61euro) per share, Koka said in a filing to the Zagreb Stock Exchange (ZSE).

The shareholders will also vote on a proposal to retain the company's net profit of almost 7 million kuna for 2021, according to an invitation for the meeting filed earlier to the bourse.

Local dairy company Vindija is the majority owner of Koka with a stake of 97.09%, bourse data showed.

Koka's shares last traded on the ZSE on June 13, closing 0.90% lower at 442 kuna.

(1 euro=7.521 Croatian kuna)

Share this story
SeeNews in Brief

View our Newsletters